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Carrefour sales buoyed by Latin America

PARIS--French retailer Carrefour SA (CA.FR) Thursday showed early signs of stemming a recent sales decline in its highly competi…

Dollar slips back in Asian trading hours

The dollar slips against rivals but remains over the 80-point mark after a downgrade of Spanish government debt underscores conc…

Fast Retailing fiscal-year net profit up 32%

TOKYO--The operator of the Uniqlo casual clothing store chain said Thursday that it posted solid gains in sales and profits for …

Toyota reducing Lexus vehicle exports to China

TOKYO--Toyota Motor Corp. (7203.TO) is reducing exports of its Lexus upscale cars to China from Japan to respond to slumping dem…

China Commerce Ministry slams U.S. solar ruling

BEIJING--China's Commerce Ministry on Thursday slammed a final ruling by the U.S. Commerce Department against Chinese solar …

World Bank cuts India growth view, high risks

NEW DELHI--The World Bank has lowered its economic growth forecast for India to 6.0% this fiscal year due to infrastructure prob…

Asia stocks trade mostly lower on Europe, earnings

Asia stocks fall, with a downgrade to Spain’s credit rating highlighting Europe’s debt troubles to investors already concerned a…

Greece needs two more years for budget: IMF chief

LOS ANGELES (Forex Focus) -- Euro-zone officials should give Greece an extra two years to meet fiscal-austerity targets linked t…

Australia opposes Seven buying Consolidated Media

SYDNEY--Australia's competition regulator said Thursday it would oppose any move by Seven Group Holdings Ltd. (SVW.AU) to la…

Asia stocks trade mostly lower on Europe, earnings

Asia stocks fall, with a downgrade to Spain’s credit rating highlighting Europe’s debt troubles to investors already concerned a…

AIA buys ING's Malaysia unit; shares trade flat

HONG KONG (Forex Focus) -- AIA Group shares traded marginally higher in Thursday morning trade in Hong Kong following news it w…

AIA buys ING's Malay business, shares trade flat

HONG KONG (Forex Focus) -- AIA Group shares traded marginally higher in Thursday morning trade in Hong Kong following news it w…

Korea cuts interest rate for second time this year

-- South Korea's central bank cuts policy rate, as widely expected -- Rate cut reflects concerns about sharp slide in export…

Updates, advisories and surprises

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

Hong Kong stocks drop on property, utility shares

HONG KONG (Forex Focus) -- Hong Kong stocks declined early Thursday as downbeat forecasts from Alcoa Inc. and Chevron Corp. le…

South Korea cuts interest rate by 0.25 points

HONG KONG (Forex Focus) -- South Korea's central bank on Thursday cut its policy interest rate by 0.25 percentage points to …

The dark heart of the Bo Xilai case in China

Scandal must serve as reminder that politicians will manipulate public discontent for their own gain, all the while impending re…

Asia stocks fall amid Europe, earnings concerns

Asia stocks fall, with a downgrade to Spain’s credit rating highlighting Europe’s debt troubles to investors already concerned a…

Australia's September jobless rate rises to 5.4%

SYDNEY (Forex Focus) -- Australia's unemployment rate rose 0.3 percentage points to 5.4% in September, the Australian Bureau…

Australia stocks fall, with mining, energy weak

SYDNEY (Forex Focus) -- Australian shares lost ground on Thursday, with miners and energy firms dragging the market down. The S&…
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